Homes for sale - 1501 S 4th ST, Alhambra, CA 91803

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JLee Broker

[email protected] +1(650) 857-1000

Listed by ANDREW LUONG • RICHTOWN REALTY

$2,895,000

Est. payment - /mo

8,871 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRWS26001274

Year Built 1962

Lot Size 8,871 Sqft

Source California Regional MLS

Property Description

Investors: this is a solid San Gabriel Valley opportunity worth a close look. Located at 1501 S 4th Street in Alhambra 91803, this 8-unit apartment property features a total of 11 bedrooms, 9 bathrooms, 2 garage spots + 7 covered carports. This offering is a well-balanced unit mix that appeals to a broad renter base. In addition there is three 3 washer/dryer set up (with space to add more). The property offers market-rate in-place income with additional upside, appealing to investors seeking a balanced mix of cash flow and long-term appreciation. The building has been freshly painted on the exterior, roof has been new within the last three years, electrical and plumbing was update and balcony are certified. Cap rate just over 5% - already outperforming many nearby assets. This property offers a compelling mix of stable in-place cash flow and long-term value growth potential. Situated in the heart of the San Gabriel Valley, the property benefits from excellent freeway access, with quick connections to the I-10 Freeway for easy commutes west to Downtown Los Angeles and West LA, or east toward Hacienda Heights and surrounding SGV employment centers. This central location makes the property highly attractive to tenants seeking convenience, accessibility, and affordability relativ

Location

State CA

County Los Angeles

Area 601 - Alhambra

Interior

Laundry Laundry Area, Other, Washer, Dryer

Exterior

Garage Spaces 9.0

Pool None

Building

Water District - Public

Others

Tax ID 5357006022

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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1501 S 4th ST Alhambra, CA 91803

JLee Broker

Key Details

Location

Interior

Exterior

Building

Others

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